Aigen Investment Management LP Has $418,000 Holdings in Century Communities, Inc. (NYSE:CCS)

Aigen Investment Management LP increased its position in shares of Century Communities, Inc. (NYSE:CCS) by 34.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,061 shares of the construction company’s stock after buying an additional 1,048 shares during the period. Aigen Investment Management LP’s holdings in Century Communities were worth $418,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CCS. Covestor Ltd grew its position in shares of Century Communities by 95.0% in the 1st quarter. Covestor Ltd now owns 273 shares of the construction company’s stock valued at $26,000 after acquiring an additional 133 shares during the period. Signaturefd LLC boosted its stake in shares of Century Communities by 11.2% during the 2nd quarter. Signaturefd LLC now owns 1,138 shares of the construction company’s stock worth $93,000 after acquiring an additional 115 shares during the period. GAMMA Investing LLC increased its holdings in shares of Century Communities by 37.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,050 shares of the construction company’s stock worth $108,000 after acquiring an additional 287 shares during the last quarter. Innealta Capital LLC bought a new stake in Century Communities in the 2nd quarter valued at $162,000. Finally, nVerses Capital LLC lifted its holdings in Century Communities by 100.0% during the 2nd quarter. nVerses Capital LLC now owns 2,200 shares of the construction company’s stock valued at $180,000 after purchasing an additional 1,100 shares during the last quarter. 99.54% of the stock is owned by institutional investors.

Century Communities Stock Up 2.4 %

CCS stock opened at $87.68 on Friday. Century Communities, Inc. has a fifty-two week low of $70.82 and a fifty-two week high of $108.42. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market capitalization of $2.75 billion, a price-to-earnings ratio of 8.74 and a beta of 1.87. The business’s fifty day moving average price is $96.78 and its two-hundred day moving average price is $91.34.

Century Communities (NYSE:CCS) last issued its earnings results on Wednesday, October 23rd. The construction company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.56 by $0.16. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Century Communities had a net margin of 7.44% and a return on equity of 13.79%. The business’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same period in the previous year, the company earned $2.58 EPS. On average, equities analysts anticipate that Century Communities, Inc. will post 10.88 earnings per share for the current year.

Century Communities Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 11th. Investors of record on Wednesday, November 27th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.19%. Century Communities’s payout ratio is presently 10.37%.

Insider Buying and Selling

In related news, Director John P. Box sold 11,282 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $100.07, for a total transaction of $1,128,989.74. Following the transaction, the director now directly owns 45,127 shares of the company’s stock, valued at approximately $4,515,858.89. This represents a 20.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

CCS has been the topic of several research analyst reports. B. Riley reissued a “buy” rating and issued a $119.00 price objective (up from $113.00) on shares of Century Communities in a research report on Thursday, October 24th. Wedbush increased their price target on shares of Century Communities from $90.00 to $96.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Finally, StockNews.com cut Century Communities from a “hold” rating to a “sell” rating in a report on Thursday, November 7th.

Century Communities Profile

Century Communities, Inc, together with its subsidiaries, engages in the design, development, construction, marketing, and sale of single-family attached and detached homes. It is also involved in the entitlement and development of the underlying land; and provision of mortgage, title, and insurance services to its homebuyers.